Bakersfield Ivy Legacy Foundation Inc is located in Bakersfield, CA. The organization was established in 2015. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bakersfield Ivy Legacy Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Bakersfield Ivy Legacy Foundation Inc generated $30.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $24.2k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
AWARDED MANY SCHOLORSHIPS DURING THE YEAR
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vivian Gayles Bd Member | 0 | $0 | |
Odella Johnson Bd Member | 0 | $0 | |
Raqyell Jones Chairman | 0 | $0 | |
Shirley Gordon Bd Member | 0 | $0 | |
Kimberly Flemming Director | 0 | $0 | |
Pamela Smith Bd Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,211 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $28 |
| Net Income from Gaming & Fundraising | $4,910 |
| Other Revenue | $20,847 |
| Total Revenue | $29,996 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,798 |
| Total expenses | $24,197 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,382 |
| Other assets | $0 |
| Total assets | $48,382 |
| Total liabilities | $0 |
| Net assets or fund balances | $48,382 |